Las Vegas Sands Stock Outlook: Is Wall Street Bullish or Bearish?

Headquartered in Las Vegas, Nevada, Las Vegas Sands Corp. (LVS) is a global developer and operator of integrated resorts and casinos. With a market cap of $28.68 billion, Las Vegas Sands is renowned for its world-class hospitality, gaming, and entertainment offerings. The company operates iconic U.S. and Asian properties, serving as a premier destination for leisure and business travelers. 

Shares of LVS have significantly underperformed the broader market over the past year. The stock has declined 33.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 15.1%. In 2024 alone, LVS stock is down 21.8%, compared to SPX's 9% gains on a YTD basis.